This report outlines the position of domestic manufacturers in Japan's blockchain technology market and reviews the services foreign companies provide to the Japanese market, as well as trends in domestic demand.
The list of companies identified as participants in the blockchain technology market contains no Japanese companies. Instead, it explains that foreign companies such as IBM, Microsoft and Amazon Web Services provide cloud services and platforms to Japanese customers.
In comparing the foreign companies on the list and how they serve the Japanese market, the report states that foreign companies have mature enterprise platforms, extensive APIs and influence through standards organizations. Japanese companies, meanwhile, tend to focus on technical support and consulting, with localized service as a strength.
Domestic demand is being driven by the government's strategy for creating a digital society and companies' interest in improving operational efficiency. Key areas of adoption include payments and trade finance in the financial sector, greater transparency in insurance policy administration, supply-chain traceability in manufacturing and logistics, and more efficient digital ID management and real estate registration in government services.
The article includes information on obtaining details and samples of a blockchain market report, indicating that coverage from the report provider will continue in related reports.